Marvell Technology, Inc. $MRVL Shares Bought by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC grew its stake in Marvell Technology, Inc. (NASDAQ:MRVLFree Report) by 240.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 12,360 shares of the semiconductor company’s stock after buying an additional 8,730 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Marvell Technology were worth $1,039,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in MRVL. Vanguard Group Inc. lifted its stake in shares of Marvell Technology by 23.5% in the 3rd quarter. Vanguard Group Inc. now owns 79,610,208 shares of the semiconductor company’s stock valued at $6,692,830,000 after purchasing an additional 15,166,976 shares during the period. Norges Bank acquired a new stake in Marvell Technology during the second quarter valued at $716,713,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in Marvell Technology by 4,758.5% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 7,036,216 shares of the semiconductor company’s stock valued at $544,603,000 after buying an additional 6,891,393 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Marvell Technology by 59.7% in the third quarter. Ameriprise Financial Inc. now owns 16,624,827 shares of the semiconductor company’s stock valued at $1,397,751,000 after buying an additional 6,217,952 shares in the last quarter. Finally, Amundi raised its position in shares of Marvell Technology by 113.4% in the second quarter. Amundi now owns 8,648,350 shares of the semiconductor company’s stock worth $642,140,000 after acquiring an additional 4,596,309 shares during the period. Institutional investors and hedge funds own 83.51% of the company’s stock.

Insider Activity at Marvell Technology

In related news, EVP Mark Casper sold 5,000 shares of the stock in a transaction on Monday, January 5th. The stock was sold at an average price of $93.08, for a total value of $465,400.00. Following the completion of the transaction, the executive vice president directly owned 19,418 shares of the company’s stock, valued at approximately $1,807,427.44. This represents a 20.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.33% of the company’s stock.

Analyst Ratings Changes

MRVL has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised their target price on Marvell Technology from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Friday, March 6th. Summit Insights raised Marvell Technology from a “hold” rating to a “buy” rating in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft set a $120.00 price target on Marvell Technology in a research report on Tuesday, February 10th. Craig Hallum boosted their price objective on Marvell Technology from $141.00 to $164.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Finally, HSBC assumed coverage on Marvell Technology in a research note on Monday, November 24th. They set a “hold” rating and a $85.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $117.24.

View Our Latest Stock Report on Marvell Technology

Marvell Technology News Roundup

Here are the key news stories impacting Marvell Technology this week:

  • Positive Sentiment: Live OFC demo underscores Marvell’s role in AI data centers — Marvell and Lumentum showed a rack-level demo of Marvell optical connectivity interoperating with Lumentum’s optical circuit switching, highlighting low-latency, energy-efficient fabrics for hyperscalers. This is concrete validation of Marvell’s connectivity roadmap into large AI deployments. Marvell Live OFC 2026 Demo Highlights Role In AI Data Centers
  • Positive Sentiment: Evercore upgrade boosts sentiment and target — Evercore raised its price target to $155 (from $133) and kept an Outperform, citing robust guidance. Analyst support lifts expectations for multiple expansion and investor confidence in Marvell’s revenue trajectory. Evercore Cites Robust Guidance as Key Driver for Marvell Technology (MRVL) Upgrade
  • Positive Sentiment: Partnership with Mojo Vision targets next‑gen optical interconnects — Marvell’s lead investment and collaboration with Mojo Vision to develop micro‑LED optical interconnects aims to address AI data-center bandwidth/scalability limits, complementing Marvell’s optical DSP and connectivity stack for hyperscalers. This expands long‑term TAM and technology differentiation. Marvell Tech (MRVL), Mojo Vision Partner to Develop Micro-LED Optical Interconnects
  • Neutral Sentiment: Bullish commentary reiterates AI/valuation thesis but is opinion‑driven — Recent writeups summarize a bullish case (AI exposure, margin leverage, attractive PEG) but are analyst/opinion pieces rather than new company disclosures; they support demand for the stock but don’t change fundamentals immediately. Is Marvell Technology, Inc. (MRVL) A Good Stock To Buy Now? Is Marvell Technology, Inc. (MRVL) A Good Stock To Buy Now?
  • Negative Sentiment: Competitor product release (Silicon Motion SM8008) could pressure segments — Silicon Motion’s new PCIe Gen5 NVMe controller targeting AI/data centers (high throughput, low power, enterprise security) signals rising competition in storage/controller markets that overlap some data‑center use cases Marvell targets. That may create pricing or share pressures in certain segments. Can Silicon Motion’s New SM8008 SSD Controller Launch Stoke Growth?
  • Negative Sentiment: Wall Street Zen downgraded MRVL’s rating — A published rating cut lowers some investor appetite and can increase near‑term volatility even as other analysts remain positive. Marvell Technology (NASDAQ:MRVL) Stock Rating Lowered by Wall Street Zen

Marvell Technology Trading Up 4.2%

MRVL stock opened at $91.58 on Tuesday. Marvell Technology, Inc. has a 12-month low of $47.08 and a 12-month high of $102.77. The business’s 50-day moving average is $81.73 and its 200 day moving average is $82.82. The company has a current ratio of 2.01, a quick ratio of 1.58 and a debt-to-equity ratio of 0.28. The stock has a market cap of $80.07 billion, a price-to-earnings ratio of 29.73, a PEG ratio of 0.80 and a beta of 1.97.

Marvell Technology (NASDAQ:MRVLGet Free Report) last announced its earnings results on Thursday, March 5th. The semiconductor company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.21 billion. Marvell Technology had a return on equity of 14.22% and a net margin of 32.58%.The business’s revenue was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.60 earnings per share. Marvell Technology has set its Q1 2027 guidance at 0.740-0.840 EPS. On average, sell-side analysts anticipate that Marvell Technology, Inc. will post 0.91 EPS for the current fiscal year.

Marvell Technology Company Profile

(Free Report)

Marvell Technology Group is a global semiconductor company that designs and develops integrated circuits and related software for data infrastructure, networking, storage and connectivity markets. The company’s product portfolio includes system-on-chip (SoC) solutions, Ethernet physical-layer transceivers (PHYs), switch and switch silicon, optical interconnect components, storage controllers, and security processors. Marvell’s technology is used to enable high-performance data centers, carrier networks, enterprise and cloud storage, as well as connectivity in automotive and industrial applications.

Founded in 1995 and headquartered in Santa Clara, California, Marvell has grown through both organic development and strategic acquisitions to broaden its capabilities across networking and data interconnect.

Further Reading

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Institutional Ownership by Quarter for Marvell Technology (NASDAQ:MRVL)

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